MSB 8.37% $1.15 mesoblast limited

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    Perhaps it is useful to remember that before the goal is reached on even one of the complex conditions and problems the company is trying to solve, there is still work to be done but we are a whisker away from the GVHD submission. Remember though, that on being appointed, the new chair said this is a “very exciting company”. I have a strong sense that she is right, it’s not advice but a strong intuition based on experience and the vastly improved ability of the company to articulate value based on the significant turnaround it has achieved in the last six months. Soon the market will not be able to disagree. My sense is we are on the cusp of a bunch of company specific “goodies” that should overwhelm and protect against market risk, which, alas, in alive and very real. Let’s just hold our breath a bit longer.
 
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